Bullish Engulfing
A rising candle whose body completely covers the body of the previous falling candle.
One of the few candlestick patterns whose definition is unambiguous — the second body either contains the first or it does not — which makes it one of the few that different detectors agree about. Read as a decisive change of hands within a single period.
What a bullish engulfing has actually done
Every occurrence we hold, scored on whether price moved more than 0.5% in the pattern’s own direction within three candles.
| Timeframe | Occurrences | Reached target | Baseline | Edge |
|---|---|---|---|---|
| 1H · crypto | 12,479 | 34.8% | 22.1% | +12.7pp |
| 1D · crypto | 8,102 | 35.4% | 35.6% | -0.3pp |
| 4H · crypto | 7,456 | 37.9% | 33.4% | +4.5pp |
Baseline is the share of ordinary candles that passed the same test over the same period, same timeframe and same direction. A rate at or below it means the shape added nothing. Edge is the difference between the two. This is a record of what followed, not a forecast.